Patrick
I admit to skimming a fair amount here. I read relevant chapters that were more generalized instead of the ones that focused on Leon Black's ascendance. Even with research, some of the financial mechanisms were over my head. Still, great book, paints a fairly grim picture though of financial exploitation. I think my biggest complaint was as a layperson, I didn't feel significantly prepared to understand the PE playbook and how a lot of these transactions work. I would have appreciated some more background there, general discussion and overview of specific events that occurred.
I admit to skimming a fair amount here. I read relevant chapters that were more generalized instead of the ones that focused on Leon Black's ascendance. Even with research, some of the financial mechanisms were over my head. Still, great book, paints a fairly grim picture though of financial exploitation. I think my biggest complaint was as a layperson, I didn't feel significantly prepared to understand the PE playbook and how a lot of these transactions work. I would have appreciated some more background there, general discussion and overview of specific events that occurred.